Best Garbling is No Garbling: Persuasion in Real Time

Fuente: arXiv
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Autori principali: Urgun, Can, Whitmeyer, Mark
Natura: Preprint
Pubblicazione: 2025
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author Urgun, Can
Whitmeyer, Mark
author_facet Urgun, Can
Whitmeyer, Mark
contents We study continuous-time persuasion where a sender controls both how informative a signal is over time and when to stop providing information to a receiver. Given an exogenous signal process, the sender can both garble the evolving signal path and delay the receiver's decision at a convex, increasing cost of time. We show that, although both instruments are available, any optimal persuasion scheme is fully transparent: the sender keeps the signal fully informative and persuades solely by choosing when to stop.
format Preprint
id arxiv_https___arxiv_org_abs_2512_16850
institution arXiv
publishDate 2025
record_format arxiv
spellingShingle Best Garbling is No Garbling: Persuasion in Real Time
Urgun, Can
Whitmeyer, Mark
Theoretical Economics
Optimization and Control
We study continuous-time persuasion where a sender controls both how informative a signal is over time and when to stop providing information to a receiver. Given an exogenous signal process, the sender can both garble the evolving signal path and delay the receiver's decision at a convex, increasing cost of time. We show that, although both instruments are available, any optimal persuasion scheme is fully transparent: the sender keeps the signal fully informative and persuades solely by choosing when to stop.
title Best Garbling is No Garbling: Persuasion in Real Time
topic Theoretical Economics
Optimization and Control
url https://arxiv.org/abs/2512.16850